Golf Woods Market size was valued at USD 1.87 Billion in 2024 and is projected to reach USD 2.78 Billion by 2033, exhibiting a CAGR of 4.5% from 2026 to 2033.
The global golf woods market was valued at approximately USD 3.2 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 4.5% from 2023 to 2030. This growth is driven by the increasing popularity of golf as a recreational sport, especially in developed regions like North America and Europe. In terms of regional breakdown, North America holds the largest share of the market, accounting for nearly 40% of the global sales, owing to the high number of golf courses and a strong golf culture in the United States and Canada. The European market also shows substantial demand, with the UK and Germany being major contributors. The Asia Pacific region is expected to witness the highest growth rate during the forecast period, driven by rising disposable incomes, growing awareness of the sport, and the increasing number of golf courses in countries like Japan, South Korea, and China. In terms of opportunities, the Asia Pacific region is poised to offer significant growth potential, especially as golf is becoming a more popular sport among the younger demographic in countries such as China and India. The increasing adoption of advanced technologies in golf equipment, such as carbon fiber and titanium, is also expected to fuel market growth. Furthermore, the rise in the number of golf enthusiasts in emerging markets, along with the trend of professional players adopting new and innovative golf woods, is likely to increase the demand for high performance golf equipment. These trends are expected to create further opportunities for manufacturers and investors in the golf woods market over the coming years.
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Acushnet Holdings Corp
Adidas AG
Amer Sports Corporation
Ben Hogan Golf Equipment Company
Bettinardi Golf
Bridgestone Sports Ltd
Callaway Golf Company
Cobra Golf
DICK'S Sporting Goods
Inc
Dixon Golf
Inc
Dunlop Sport
Golfsmith International Holdings
Hippo Golf
Infiniti Golf
MAMIYA-OP
Mizuno Corporation
McGregor Golf
Nike
Inc.
Pen Fold Golf Limited
Ping
Inc
Roger Cleveland Golf Company
Robin Golf
Studio B
Sumitomo Rubber Industries
Ltd
TaylorMade Golf
Wilson
Yonex
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Golf Woods Market
Driver Woods
Fairway Woods
Hybrid Woods
Wood
Metal (Titanium, Stainless Steel)
Composite Materials
Beginner
Intermediate
Advanced/Professional
Major Brands (e.g., Callaway, TaylorMade, Titleist)
Mid-Tier Brands (e.g., Ping, Cobra)
Custom/Local Brands
Budget-Friendly (<$200)
Mid-Range ($200 - $500)
Premium ($500 and above)
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Golf Woods Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Golf Woods Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Golf Woods Market, By Type
6. Global Golf Woods Market, By Application
7. Global Golf Woods Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Golf Woods Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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